Aristocrat acquires nLive from GameAccount
Aristocrat Leisure is to assume full ownership of the nLive platform solution from GameAccount Network.
The move includes the purchase of GAN’s internet gaming system and remote game server. The two companies previously entered into partnership to provide internet gaming platform services and solutions to North American operators via the nLive platform.
Aristocrat CEO and managing director Jamie Odell said the transaction represents a significant milestone in the execution of the company’s online strategy.
“The nLive platform is an integral part of our plans - offering land-based operators a turnkey, wager ready, ‘virtual casino’ online,” he said. “Since its launch in the US in April, nLive has delivered impressive results and generated strong customer interest.” The acquisition boosts the company’s position in regulated gaming markets around the world, he continued, adding that it also positions the company well in the “critical” US market.
Bloomberry Resorts Corp plans to invest more than $1bn in an integrated casino complex in South Korea and is in talks with a potential Korean partner for the project.
Revenue in Australian casinos is expected to rise to $6.2bn by the end of the decade.
The flagship casino of the Olympic Entertainment Group will open in Tallinn, Estonia, next year.
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